All amounts becoming due under assignment agreements and all bonds issued by a financing authority and the interest accruing on them shall be exempt from all taxation in this state, except for the corporate franchise tax.
Utah Code § 11-32-9
Tax exemption
Known as the Utah Interlocal Financing Authority Act
The act spans §§ 11–11 (18 sections).
Enacted by Chapter 143, 1987 General Session
Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.